Laserfiche WebLink
Thy <br />/(0UiS <br />ACd 'emy <br />July 11, 1984 <br />Board of Directors <br />Orono School District <br />Orono, Minnesota <br />Dear Board Members <br />Please accept the following proposal as a Letter 4 Intent to <br />enter into a Lease Agreement with exclusive optic t* rchase the <br />Maple Plain Elementary School, Maple Plain, Minne so, -Is, <br />TENANT/BUYER: <br />Woods Academy, Inc., a Non -Profit Minnesota Corporation <br />LANDLOR gSELLER: <br />Orono School District <br />PROPERTY LOCATION AND DESCRITION: <br />The property s located on Howard Avenue, Maple Plain, Minnesota, <br />consisting of approximately 12 acres of land improved with a <br />40,321 sq. ft. single story elementary school building including <br />all improvements, equipment and fixtures now located on the <br />property, all subject to an exact legal description. <br />LEASE TERM: <br />A five year lease term commencing August 1, 1985, and terminating <br />July 31, 1990. <br />POSSESSION DATE: <br />Possession of the property shali be May 1, 1985, subject to all <br />the terms and conditions as listed below. <br />BASE RENTAL CONSIDERATION: <br />'In consideration of the delayed lease commencement date of Autjust <br />1. 1985, and early possession date of May 1, 1985, Tenant agrees <br />try pay landlord a total consideration of $8000.00 in two payments <br />of $4000.00 each due and payable on February 1, 1985, and May 1, <br />1985. <br />r."2oW"(�y PdA*VV,4X*a,W4%343 (612)938 1122 <br />